Is Quant A Good Investment?

Last Updated February 8th 2022

14 Min Read

Quant is recognized as one of the first cryptocurrency projects to tackle the problem of interoperability in the blockchain industry. It did this by creating the first blockchain operating system. Of course, it attracted several users in the early days and inspired several other projects that have efficiently solved some of the major problems in the industry.

Undoubtedly, Quant has been a success story in the cryptocurrency universe. But does that mean it is a good investment at the moment? Should you be investing in Quant at the moment? Can it be profitable or are there better coins to buy than QNT?

There is more to investing in cryptocurrencies than following the crowd. Sentiment shouldn’t influence your investment decision. There are key questions you must answer before deciding to invest in Quant or find alternative coins. We will help you answer some of these questions right here. In the end, you will not only make an informed decision about investing in Quant but will also know the smartest way to do that.

Content:

What Is Quant?
How Does Quant Work?
How Do You Invest In Quant?
How Do You Make Money From Quant?
Is Quant A Good Investment?
Does Quant Have A Future?
What Are the Good Sides of Quant Investment?
What Are the Bad Sides of Quant Investment?
Should You Invest In Quant?
The Best Way to Invest In Quant

What Is Quant?

Quant is a cryptocurrency platform that seeks to improve the blockchain industry by providing seamless interoperability in the widely fractured world of distributed ledger technology (DLT). It was created with the goal of connecting blockchains, networks, applications, and other platforms on a global scale to improve the way blockchain technology serves businesses and individuals.

Quant is recognized as the first project to offer universal interoperability through the creating of an operating system for blockchains. The quant ecosystem is made of different layers, but the most important product is Overledger, which is the operating system we referred to in the previous sentence. Overledger is an incredible API (application programming interface) gateway for distributed ledgers. It was designed to work seamlessly with current and future blockchains, allowing different networks and applications to communicate efficiently.

Overledger and, indeed, the entire Quant network is well designed to offer multiple services to individuals and businesses interested in taking full advantage of the digital world and the fast-growing and ever-expanding blockchain industry. Users can exchange all forms of digital assets through its secure network. It is also developer-friendly, allowing users to create multi-chain applications (MApps). Due to the usefulness of its service, Quant has been widely adopted and has also attracted several partners.

It is important to conclude this part of the article by stating that Quant has a native currency, just most other cryptocurrency projects. The Quant native currency is the payment and validator token of the Overledger operating system. It powers all manners of transactions throughout the Quant ecosystem. This token is also the digital asset you are going to buy if you intend to invest in Quant. In fact, it is the major asset we are going to discuss here. We are only discussing the network and the entire ecosystem because they are all linked and activities on each layer affect the value of the token one way or another.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

How Does Quant Work?

Quant is a unique cryptocurrency platform because of the functions it performs and the way it is designed. Though there are other crypto projects that tackle the problem of interoperability, none does it the way Quant does. It is the first network to provide interoperability at the DLT level, therefore, it brings several networks and blockchains together.

Quant serves both individual and business entities. Its unique design utilizes different app layers for the services it offers. Transactions, messaging, ordering, filtering and more are performed on different layers. The network enjoys vertical scalability.

As hinted earlier, Quant allows developers to build multi-chain applications on its network. These applications can be enterprise and middleware applications, and they can address problems in different industries, including healthcare. The network is also future-proof because it is capable of working with current blockchains and future ones. Again, it works for businesses outside the blockchain industry.

How Do You Invest In Quant?

Depending on objectives, businesses and technically-inclined people have different ways of investing in Quant. For the purpose of this article, we are going to limit our scope to how regular cryptocurrency investors can invest in Quant.

Regardless of your experience level as a cryptocurrency trader or investor, the primary way to invest in Quant is to buy its token which is also called Quant. To the developers using the network, it is the token that powers one of the most important crypto networks, but for the average investor, it is a token that can be bought and sold on cryptocurrency exchanges and related platforms.

Buying Quant is not a difficult thing – the token is readily available on most crypto exchanges and other platforms. For experienced traders or investors who use brokerages like eToro, it is even easier to buy Quant (QNT).

How Do You Make Money From Quant?

As a regular investor, there are a couple of ways you can earn money from Quant. You can stick to trading, which is basically buying and selling or you can also stake. Let’s briefly discuss the two.

1. Trading

As stated above, trading Quant simply means buying and selling of the asset. To make a profit by trading, you need to buy Quant (QNT) at any given price and sell at a higher price. Your profit will be higher you buy when the price is really low and sell when the price is considerably higher.

When we discuss trading, some people assume that we are only talking about day-trading. Day-trading is only one trading strategy – it involves frequent purchase and sale of cryptocurrencies. It can work with Quant, but it is a high-risk strategy.

Another trading strategy that can work with Quant is HODLing. In simple terms, this means buying a cryptocurrency and waiting until the price goes up before selling. You can wait for months or even years before selling your asset. Due to the volatile nature of the cryptocurrency market, HODLing is risky. But it can also be highly rewarding. Most people who became rich by investing in cryptos use this strategy. It may be the best strategy for Quant because the coin has the potentials of a millionaire-maker coin.

2. Staking

Another way to earn from Quant investing is staking. This involves locking your Quant (QNT) token for some time and earning rewards in Quants too. Staking is one of the best ways to earn passive income from your cryptocurrency investment.

To stake Quant, you need to buy the token first. You also need to realize that locking the QNT token within a network or any platform that supports staking means you won’t be able to withdraw, sell, or use the token/fund for anything throughout the period of staking. The duration of the stake determines the rewards you can earn from it.

Staking is a great way to make money from investing in Quant. Your investment will be bringing extra money even when you are still holding on to it. If you intend to buy the coin and wait for years before selling, you can actually stake your holding and earn the cumulative reward for years. You should know, however, that staking is not risk-free. But since Quant is expected to grow in the coming years, staking the coin can be highly profitable.

Is Quant A Good Investment?

From what we have discussed about Quant as a cryptocurrency platform, you can tell that it is a valuable platform. It is not like many other cryptocurrencies that have little or no real-world value, like the trendy Shiba Inu coin that is based on an internet meme. Quant, on the other hand, solves real-world problems both in the blockchain industry and beyond. So its token is definitely a valuable asset.

It is tempting to conclude that Quant is a good investment without even discussing the performance of its token. In addition to solving the problem of interoperability at the DLT level, Quant was designed to provide multiple services to individuals and businesses. It is also built to stand the test of time since it can work with current and future blockchains. The fact that is useful beyond the blockchain industry also makes it a hot cake. To crown it all, Quant has several notable partners.

The nature of the Quant network is only one side of the equation. You have to consider how well QNT has performed since it was launched in August 2018. So far, it has been an incredible digital asset.

When Quant was launched in 2018, it was trading for about $0.459 per token. It reached an all-time low of $0.1636 on 23^rd August 2018. By the 23^rd of August 2021, it traded for $181. As if that wasn’t enough, QNT reached an all-time high of $428.38 on 11^thSeptember 2021. At the time of writing this piece, it was trading for $144.65. Over the years, Quant ROI (return on investment) amounts to 9625.71%, according to Coin Market Cap.

Does Quant Have A Future?

Even when a coin has performed really well in the past, you need to be certain that it has a bright future before investing in it. So, does Quant have a future?

From all indications, Quant has a bright future ahead. As we've stressed already, the network is useful and relevant within and beyond the blockchain industry. It has been adopted by several businesses and corporate bodies. It has also secured several partnerships. To crown it all, Quant and its flagship product, Overledger, were designed to work with current and future blockchains.

Quant doesn’t only have a future, it has a bright future. The predictions from authority websites like Wallet Investors and Digital Coin Price say it all. The coin has the potential to reach the $1,000 mark in the next couple of years. In ten years’ time, it may be worth several thousands of dollars.

Don't Miss: Quant Price Predictions

What Are The Good Sides Of Investing In Quant?

If you have followed diligently, you will be able to mention the major benefits of investing in Quant. However, if you are still unsure of why you should invest in QNT, then you need to compare the good sides of investing to the bad sides. Here is a highlight of the good sides of Quant investment:

Quant is backed by an incredible ecosystem with robust infrastructure to solve key problems within and outside the blockchain industry.
Quant offers several services to individuals and businesses, and it has been adopted by many in different industries.
The Quant team is always improving its services and offerings, making the network and the token more attractive on a regular basis.
Quant does not compete with other cryptocurrency networks. Rather, it helps other networks to work with each other to provide top-notch digital solutions to every interested party.
Quant has secured very meaningful partnerships – its relationships with these different partners help to strengthen the network and add value to the token.
Quant token has grown significantly in just three years. The 9,625.71% ROI it has yielded in such a short time is mind-blowing, and we expect the coin to perform even better in the future.
Quant was designed for the future, which also means that its token will become even more relevant in the future.
Quant is a highly secured network – your investment is safe as long as you don’t make unnecessary mistakes.
You can stake your Quant (QNT) tokens and earn passive income from your investment without selling.
Quant is available on many top cryptocurrency exchanges and brokerages, which means you can easily sell when the need arises.

What Are The Bad Sides Of Investing In Quant?

It is hard to imagine that after all the good things we have discussed about Quant, we are still going to discuss its bad sides. Well, there is always another side to every success story, and Quant investing is not an exception. Here are some of the possible downsides of investing in Quant:

Quant is a volatile cryptocurrency, which implies that it is a risky investment.
It is possible that Quant will not fulfil its potential, though the chances are very slim.

Should You Invest In Quant?

Quant is one of the digital assets that brought smiles to people's faces nearly three months ago. It had an unprecedented couple of weeks in early September last year, crossing the $400 mark. Though it has dropped significantly since that point, there is no doubt that it can rise to surpass that feat. So, should you invest in Quant?

If you are an ardent cryptocurrency investor then you will need no one to tell you to buy Quant (QNT). It is a good cryptocurrency that is supported by an incredible ecosystem. The future of the coin is looking bright, and you may be among the people that will smile in years to come if you invest now.

You should also understand the inherent risks in cryptocurrency investing before buying Quant. Though the coin has performed well in the past, it has been as volatile as most other tokens. Volatility brings profits and losses, so you must be careful while investing.

It is also to understand the investment strategy that can work for you before investing in Quant. If you prefer HODLing, then this is one of the best coins to buy now. You can also take to staking if you want to earn passive income from your Quant investment. Day-trading can also work if you have experience, but it is not the best strategy for this coin.

Check Out: Will Quant Make Me Rich In 10 Years?

The Best Way To Invest In Quant

At this point, you must have made up your mind to either invest in Quant or ignore the token. Regardless of your current decision, it is important to understand the smartest way to invest in cryptocurrency. One of the important decisions you will need to make is to determine the right platform to buy from. There are many places to buy Quant and choosing top-performing brokerages can be the best decision you will make. On that note, you should consider using eToro which has been recognized as the best social trading platform.

It is important to remind yourself that cryptocurrencies, no matter how attractive and rewarding they can be, are volatile assets. The market is tough, so you need to invest cautiously. Remember that it is best to invest only what you can lose. If you make the right choices and the stars align in your favour, then the rewards can be massive.